SME Rating Agency of India

SMERA, widely known as ‘The SME Rating Agency’, is a credit rating agency in India that provides credit ratings primarily of small and medium-sized enterprises.

SMERA Ratings Private Limited
IndustryCredit Ratings
Headquarters905, Lodha Supremus, Kanjurmarg East, Mumbai, Maharashtra, India
Key people
Prosenjit Ghosh, Sankar Chakraborti
ProductsSmall & Medium Enterprises (SME) Rating, Credit Due Diligence, Microfinace Grading, SMERA Terminal
ParentAcuité Ratings & Research Limited

Initially an initiative of the Ministry of Finance, Govt. of India and the Reserve Bank of India, SMERA is now a subsidiary of Acuité Ratings & Research Limited.[2][3] Acuité, a joint initiative of Small Industries Development Bank of India (SIDBI), Dun & Bradstreet Information Services India Private Limited (D&B) and leading public and private sector banks in India, is registered with SEBI as a credit rating agency.[4][5][6]


  1. ^ "About - SMERA".
  2. ^ "SMERA Ratings appoints Sankar Chakraborti as CEO". Business Standard India. Press Trust of India. 17 July 2014. Retrieved 25 November 2021.
  3. ^ "Government Subsidy Loan for Business and Small Scale Industries". Retrieved 25 November 2021.
  4. ^ "Acuite Ratings & Research Limited | Department of Financial Services | Ministry of Finance | Government of India". Retrieved 25 November 2021.
  5. ^ PTI (14 September 2012). "Smera gets RBI nod to offer credit rating". @businessline. Retrieved 25 November 2021.
  6. ^ "MSMEs' Credit Rating Is Set for a Model Change". Moneylife NEWS & VIEWS. Retrieved 25 November 2021.

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